@RealAssetsValue Great work here. Appreciate your DD. I'm holding MDRR with average price of $1.15
I'm scared of the upcoming split.
Any thinking about what the next 6-12 months look like for $MDRR post-split?
@JonGordon11 Great message @JonGordon11
Always love hearing your words of encouragement.
Optimism is contagious & leads to success.
Know it for a fact. Bless up~!
Doesn't matter how many ppl are cramming on to #cruise ships right now
Bigger concern: how is $CCL going to address their debt in an raising interest rate environment?
Any $CCL holder should be worried about splits & dilution until $CCL handles their debt
💙Love the show
.@lalidoloca Let's talk $CCL 🚢 #CruiseNews
🐘Elephant in the room: Carnival is not registered in the US (avoiding taxes) & this costed them bigly when COVID hit.
While US companies got bailed out with fed money, $CCL got nothing. Causing them to take HUGE debt.
Pre-covid $CCL had $5B+ free cash flow
By 2020 it sunk to over -$7B in debt
Now they're holding debt while the Fed is hiking interest rates, causing a big headwind for $CCL
Only way they pay the debt is to sell more shares, diluting the current shareholders